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Technology Stocks : Ultratech Stepper -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (3531)11/7/2001 1:50:19 PM
From: Andrew Vance  Respond to of 3696
 
Sorry for the delay, but today was the first time in close to 2 months that I logged into SI. My reply to your original message is now untimely, but I will provide some hindsight insight. I made some entries into UTEK at the end of May and early August and did not sell when the markets declined. Had I been timely with this response, I would have agreed UTEK was oversold at $17, even though we know it collpased shortly after.

On the bright side, UTEK is being monitored right now and is being considered for entry at current levels to average down the prior positions. Current price levels are more than likely going to be viewed as an excpetional opportunity when we look back a year from now.

andrew